(Bloomberg) Chinese markets look poised for a positive open when traders return from a holiday, with Beijing’s supportive policy stance adding impetus to a budding bullish momentum. Most Read from BloombergTruce Talks Shift to Qatar as Hamas Hits Israel Border CrossingFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 Billion Brick Wall‘Civil War’ Is a Gift to Trump’s OpponentsShares
Foreign investors loaded up on Chinese stocks for a third straight month in April, adding to evidence that global fund managers have become more positive about the world’s second-largest market.
Hong Kong’s market is the best performer among major peers globally this month, and better-than-expected manufacturing activity in mainland China is expected to add further impetus.